Hey everybody this is still town and this is

still town and this is Danielle town welcome to the invested

podcast where we're learning how to invest the best way you can do it the way that will let you

have I was going to say my my favorite new catchphrase. Okay.

Take heart!

Take heart.

Take heart and focus on an investing strategy

used by the best investors in the world who are include

Warren Buffett Charlie Munger people who are consistently making well above 15%

per year.

Commonly in a range of 20% per year are bigger

for 20, 30 years, 40 years, 50 years,

which can make you very, very wealthy. And they're doing this with less risk

than you're taking in your mutual fund.

They have an actual beta on their stocks

that they've invested in.

This was discovered by Burton Malkil at Princeton,

that Buffett's beta, his risk-adjusted portfolio

was lower risk than the S&P 500 index and your mutual fund is

mimicking that at best. So here you got a guy who's making 20% per year or more for 60 years with lower risk

according to efficient market theory than an index than what you're taking.

Where's that for I haven't heard that before? an index than what you're taking.

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